Sentences with phrase «of a term life policy as»

If you have dreams for your business and you need funding to help them come true, keep the option of a term life policy as loan collateral in mind as you talk with lenders.

Not exact matches

The benefit of term life insurance policies is that they can be structured to fit your financial situation, as you can customize several features of the policy:

Term life insurance policies are quite cheap and can come with a variety of riders offering such assistance as disability income, waiver of premiums, and an accelerated death benefit in the case you become permanently disabled.

The primary difference between permanent and term life insurance is that term policies only provide coverage for a fixed period of time, such as 20 years.

Term policies are the cheapest form of life insurance coverage and can be tailored to the size of your debts, such as mortgages or auto loans.

Just make sure that the term policy will definitely cover the entire length of a financial obligation, as you'll have a harder time finding coverage and have to pay higher rates if you still need life insurance at age 80 or 90.

A term life insurance policy offers coverage for a specified period of time, meaning that if you die during the term of the policy the beneficiary will receive the specified payout (also known as the death benefit or face value of the policy).

Term policies are generally the least expensive type of life insurance and term lengths can be for as little as one year, but policies are more commonly offered for 5 - year, 10 - year, 20 - year, and 30 - year teTerm policies are generally the least expensive type of life insurance and term lengths can be for as little as one year, but policies are more commonly offered for 5 - year, 10 - year, 20 - year, and 30 - year teterm lengths can be for as little as one year, but policies are more commonly offered for 5 - year, 10 - year, 20 - year, and 30 - year terms.

The two primary categories of life insurance policy are term and permanent, with term policies only offering coverage for a fixed period of time, while permanent policies last so long as you continue to pay the premiums.

Short term life insurance policies, such as those with 1 - year or 5 - year terms, often have the option of being renewable, meaning that at the end of the term you can purchase the same coverage again without a new application process.

«As the cornerstone of any comprehensive policy designed to improve the health and well - being of childbearing women and their children, breastfeeding can save lives and improve long - term health of the entire community,» the document states.

As the cornerstone of any comprehensive policy designed to improve the health and well - being of childbearing women and their children, breastfeeding can save lives and improve long - term health of the entire community.

Yet by the end of the week the Guardian had reverted to type with an article comparing my policy as promoting fake controversy in the same terms as Harriet Harman's ill - judged «ginger rodent» comments and Stephen Fry's unlikely expertise on the sex life of women.

At certain points during the period of coverage, you can convert your term policy to a permanent life insurance policy (such as a whole life insurance policy or universal life insurance policy) and premiums are determined by your original health rating.

Many term policies are also convertible, which means they may be exchanged for another type of policy, such as whole life.

Therefore, if you are on the younger end of the age spectrum, you might want to consider purchasing something that will be in place for longer, such as a 30 year term policy or permanent life insurance policy.

Many policies also offer you the option of converting your term policy into a permanent life insurance policy such as a universal life policy.

While these products are all structured differently, the term and whole life insurance policies would fall within the category of final expense insurance, as they have limited payouts that are better suited to covering end - of - life costs than income replacement.

As an added benefit, the life insurance death benefit of the new hybrid policy would pay off her mortgage if she passed away, assuming she didn't use the policy for long - term care.

As a result, it is often unclear how much your term life insurance rates will be, how long you are covered under a policy, and the amount of insurance coverage you need.

Life insurance can be bought either as a permanent life insurance policy, covering your entire life (as long as your premiums are paid on time and in full), or a term life insurance policy, covering a given period of tLife insurance can be bought either as a permanent life insurance policy, covering your entire life (as long as your premiums are paid on time and in full), or a term life insurance policy, covering a given period of tlife insurance policy, covering your entire life (as long as your premiums are paid on time and in full), or a term life insurance policy, covering a given period of tlife (as long as your premiums are paid on time and in full), or a term life insurance policy, covering a given period of tlife insurance policy, covering a given period of time.

Term life insurance policies can be purchased to cover nearly any period of time, and will stay in effect for the entire period as long as you continue to pay the premiums (the cost of the policy, which can be paid on a monthly or annual basis).

25 year old Kartik chooses our Bharti AXA Life Invest Once with a policy term of 10 years as he wants to invest his money in a plan which will be financially beneficial to him in the long run.

The logic goes that the main selling point of whole life insurance — that you get an insurance policy along with a cash - value component that acts as forced savings — is actually a poor decision, and you'd be better off buying a cheaper term life insurance policy and investing the money you save elsewhere with a better return and lower fees.

Term life insurance lasts a set number of years and then expires; a whole life policy lasts for as long as you pay the premiums.

Maturity Benefit: In case the Life Insured survives till the maturity of the Policy and all premiums are duly paid, then the Maturity benefit shall be paid as Sum Assured on Maturity to the policyholder for all premium payment term and policy Policy and all premiums are duly paid, then the Maturity benefit shall be paid as Sum Assured on Maturity to the policyholder for all premium payment term and policy policy terms.

and Sum Assured on Maturity as Maturity benefit at the end of the Policy term in case the Life Insured survives till that period and all premiums have been duly paid.

This coverage shall be applicable for the whole of policy term as well as for Extended Life Cover Period.

The duration or term of a life insurance policy is equally important as the cover amount and premiums of the policy.

Term policies are the cheapest form of life insurance coverage and can be tailored to the size of your debts, such as mortgages or auto loans.

The benefit of term life insurance policies is that they can be structured to fit your financial situation, as you can customize several features of the policy:

In contrast, a $ 100,000 term life policy on a father of 3, who dies with little to no money in the bank and who has a lot of debt, that $ 100,000 is not worth as much to the family he leaves behind.

If you simply want to cover your end - of - life expenses and funeral costs so that your family is not burdened by these expenditures, you might want to buy a small term life policy, such as $ 10,000 to $ 20,000 worth of coverage.

If this is the case, we would recommend term life insurance as it's the cheapest type of policy and offers for a particular amount of time.

Another thing to consider is that a mortgage life insurance policy is often written as a decreasing term policy, so the death benefit decreases over time, (just as your mortgage payoff amount decreases as you pay your monthly mortgage payments), but the premium remains the same over the life of the policy.

35 year old Rohit chooses our Bharti AXA Life Monthly Income Plan + with a policy term of 15 years as he wishes to receive «3000 as a guaranteed Monthly income.

Optional Riders: Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental Death and Dismemberment, Waiver of Premium, and Accelerated Living Benefit may be added to some policies as riders.

Convertible term life insurance is typically a normal level term policy that has the option to convert the policy into permanent insurance by the end of the term or by a specified age, such as 70.

As with most IUL policies, the primary benefit of IUL insurance is the early cash value growth, and the Accumulation IUL ranks as one of the best in class, competing with only Pacific Life and Lincoln National in terms of overall performancAs with most IUL policies, the primary benefit of IUL insurance is the early cash value growth, and the Accumulation IUL ranks as one of the best in class, competing with only Pacific Life and Lincoln National in terms of overall performancas one of the best in class, competing with only Pacific Life and Lincoln National in terms of overall performance.

However, for long term estate tax planning for liquidity, a guaranteed universal life policy should be considered as minimum protection due to the rising cost of term insurance over a lifetime.

Many companies will require her to have an exam, although you may want to consider Pacific Life or SBLI as most of the time they don't require one for a $ 100k term life polLife or SBLI as most of the time they don't require one for a $ 100k term life pollife policy.

Life insurance classified as return of premium (ROP) features a return of premiums paid to purchase coverage if the insured outlives the term of the policy, or payment of some portion of premiums paid to the beneficiary upon the insured's death.

And while term insurance is sold for specific periods of time, typically anywhere from 5 to 30 years, a cash value insurance policy is usually considered to be a permanent life insurance policy, as these products are designed to remain in force for your entire life.

The two primary categories of life insurance policy are term and permanent, with term policies only offering coverage for a fixed period of time, while permanent policies last so long as you continue to pay the premiums.

Short term life insurance policies, such as those with 1 - year or 5 - year terms, often have the option of being renewable, meaning that at the end of the term you can purchase the same coverage again without a new application process.

Review your term life insurance policy annually as life events occur such as a marriage (or divorce), the birth of a child, buying a home or a second home, or establishing a business.

Term policies are generally the least expensive type of life insurance and term lengths can be for as little as one year, but policies are more commonly offered for 5 - year, 10 - year, 20 - year, and 30 - year teTerm policies are generally the least expensive type of life insurance and term lengths can be for as little as one year, but policies are more commonly offered for 5 - year, 10 - year, 20 - year, and 30 - year teterm lengths can be for as little as one year, but policies are more commonly offered for 5 - year, 10 - year, 20 - year, and 30 - year terms.

«Participating life insurance» is only possible with a cash value life insurance policy as distinguished with other types of life insurance that do not accrue cash value such as convertible term life insurance or most guaranteed universal life insurance policies.

Aside from permanent life insurance policies such as whole life, the other main category of life insurance is called term life insurance.

A term life insurance policy offers coverage for a specified period of time, meaning that if you die during the term of the policy the beneficiary will receive the specified payout (also known as the death benefit or face value of the policy).